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Fair Value of Financial Instruments - Fair Value of Invested Assets (Details) - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Fixed maturity investments available for sale:    
U.S. treasury securities $ 29,141,305 $ 20,069,556
Certificates of deposit 25,471,000 15,089,000
Total fixed maturities 54,612,305 35,158,556
Cash and short term investments 51,978,085 72,568,570
Total financial instruments at fair value 106,590,390 107,727,126
Level 1    
Fixed maturity investments available for sale:    
U.S. treasury securities 29,141,305 20,069,556
Certificates of deposit 0 0
Total fixed maturities 29,141,305 20,069,556
Cash and short term investments 51,978,085 72,568,570
Total financial instruments at fair value 81,119,390 92,638,126
Level 2    
Fixed maturity investments available for sale:    
U.S. treasury securities 0 0
Certificates of deposit 25,471,000 15,089,000
Total fixed maturities 25,471,000 15,089,000
Cash and short term investments 0 0
Total financial instruments at fair value 25,471,000 15,089,000
Level 3    
Fixed maturity investments available for sale:    
U.S. treasury securities 0 0
Certificates of deposit 0 0
Total fixed maturities 0 0
Cash and short term investments 0 0
Total financial instruments at fair value $ 0 $ 0